School district · Berrien County, MI

Watervliet School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Watervliet School District took in $24.0 million and spent $22.8 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

State tax money76%School district taxes16%County and local tax money3.0%Fees for services (school lunches)1.9%Federal tax money1.7%Fines and other1.0%

What stands out

76%

of Watervliet School District's money comes from state tax money.A typical school district with fewer than 5,000 students gets 59%.

School district taxes16%

Property tax
16%$3.9 million

Fees for services1.9%

Fees for services
1.9%$448 thousand
What's in fees for servicesOther school charges and school lunches
  • Other school charges$425 thousand
  • School lunches$23 thousand

Amounts are by Census type of charge.

Federal tax money1.7%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
1.7%$412 thousand

State tax money76%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
76%$18.2 million

County and local tax money3.0%

Money passed on by the county or other local governments.

From the county and other local governments
3.0%$721 thousand

Fines and other1.0%

Interest, rents and other
1.0%$251 thousand

Where it goes

Schools and colleges95%Interest on debt2.5%Sent to other local governments2.2%

Spending by category100%

Schools and colleges
95%$21.7 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$21.7 million
Interest on debt
2.5%$571 thousand
Sent to other local governments
2.2%$511 thousand
What's in sent to other local governmentsSent to school districts
  • Sent to school districts$511 thousand
Sources and moreWhere these numbers come from and what they cover

Watervliet School District. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Watervliet School District itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.